VS-from-Oz's Personal Finance Blog

Balance Is A Wonderful Thing To Have!

About Me

VS-from-oz

I'm a married Australian woman who tries to make the best of what I have and live life to the fullest, while hoping to have some left over for a rainy day.
My husband B & I have a beautiful angel-cat and dog.

2020 Goals:
- Finish BAS Agent Representative Course and continue setting up my bookkeeping business
- Get credit cards under control
- Save up for UK holiday if able to

September Bills Month Compared to Same Time Last Year

September 11th, 2017 at 08:36 pm

Last year I wrote about how we have a large amount of bills in the month of September and how high they are, and resolved to average out the annual expenditure and pay a set monthly amount from then on.

Well, it's a year on and we have been putting aside the averaged amount each month for mortgage and bills, which has definitely eased financial worries.

September 2017 is no different for bills though and exceeds our monthly amount we set aside by $878.53. We have no bills in October really though, so can easily make it up next month.

Last year in September bills exceeded the monthly amount by $1043, this year September bills exceed the month amount by $878.53. Our gas and electricity bills are lower than last year by $150 in total, so that represents the majority of the change.

I'm not sure that I need to recalculate the totals after all - as in work out all the bills for the period October 2016 to September 2017 and work out a new averaged amount as it is roughly the same as last year.

****

In other financial news, my car got serviced yesterday for the first time in a couple of years and cost $290 in total - $140 for the service, and $150 for new back brakes.

4 Responses to “September Bills Month Compared to Same Time Last Year”

Because you have had a few years where the September bills were higher than expected, I would estimate the total for next year a little higher than this year has been. Set it aside monthly in a separate "irregular bills" account (I used savings accounts for this) and then transfer it to checking or whatever when you are ready to use it.